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Prospect News home > News index > List of issuers T > Headlines for Tenders 2011 > News item
Published on 8/19/2011 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

China Fishery Group subsidiary calls $225 million 9¼% senior notes

By Marisa Wong

Madison, Wis., Aug. 19 - The board of directors of China Fishery Group Ltd. announced that its indirect wholly owned subsidiary CFG Investment SAC plans to redeem its $225 million 9¼% senior notes due Dec. 19, 2013 on Sept. 19.

Parent company Pacific Andes International Holdings Ltd. said that the early redemption will be financed by bank financing.

China Fishery is a Hong Kong-based company that manages and operates fishing vessels for coastal and deep sea industrial fishing.


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